June, 2021

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EACT SURVEY 2021

Simply Treasury

Every year, EACT launches a treasury survey to identify top priorities for Corporates. It also aims at identifying challenges corporate treasurers of MNC’s are facing and technological innovations they intend to implement. As this survey is the first one post-COVID, it was interesting to see whether those priorities have changed and if they did why.

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Real-Time Payments

Corporate Finance

Many of you are probably familiar with near instantaneous money transfers using Venmo or Paypal. And while we discussed next-day ACH transactions in the textbook, in 2017, an interbank payment system was unveiled, the real-time payment (RTP) network. While only 130 banks out of the more than 9,600 financial institutions in the U.S. have adopted the system, these adopting banks cover 60 percent of demand deposit checking and savings accounts.

Banking 100
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How to Optimize Marketing and Sales Operations

Jedox Finance

In the age of digitization, the value creation processes of companies are experiencing fundamental changes. This also affects the go-to-market processes in particular for the marketing and sales functions. In this blog, we discuss these changes and their implications for successful operations. For at least two decades now, the Internet has enabled customers to be increasingly better informed, and the next supplier somewhere in the world is just a click away.

Sales 116
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What the mobile experience means in an immobile world

Anaplan

What happens to “planning on the go” when people aren’t going anywhere? In this blog, we take a look at the path to mobile planning, how mobile trends and technology changed over the past year, and where its future is headed.

Planning 105
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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You Don’t Need Microsoft Power BI with Sage Intacct’s Interactive Visual Explorer

https://trustedcfosolutions.com/feed/

Does the world need another acronym? AI, ML, BI – Who cares? The world is changing. And that’s not all. [link]. As the CFO, there’s always some shiny new toy being pitched by the, wait for it – CRO, CTO, CMO & PM. Technology has entered a new frontier, moving from the Age of Information to the Age of Answers. If you’re like other CFOs, you probably want a good dashboard to monitor KPIs & a tool that lets you visualize data across the firm.

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Hedging or de-hedging, that is the question…

Simply Treasury

Delay in FX hedging, accounting treatment. The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. Many companies have suffered from the effects of the crisis and the drop in their sales, or sometimes they have simply experienced delays in delivery from their suppliers or payment from their customers.

IFRS 130
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CFOs: Do you have these security misperceptions? (Part 2 of 2)

Future CFO

Let’s continue with the last five of the top 10 security misperceptions today. To revisit or view the first half of the top 10 security misperceptions, you can check them out here. These misperceptions need to be understood not only by the IT function, but also senior executives such as the CFO to protect an organisation from financial losses and reputation damage brought by security incidents.

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Uniting Your Workforce in 2021: ?David Smith of InFlow Analysis on the Being Planful Podcast

Planful

David Smith, founder and principal at InFlow Analysis, joined me on the Being Planful podcast to discuss why it’s so important to bring Human Resources and Finance together to enable continued collaboration, hybrid work, and most importantly, empathy. Dave started InFlow Analysis after a long career at Gartner and a stint at Aragon Research. From […].

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Mastering the basics of annual budgeting

Anaplan

Effective annual budgets aren’t just top-down initiatives to allot spending and set production targets. Done right, they can embody corporate priorities and spur growth.

Budgeting 105
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Consistency NOT intensity will create the best leaders

Castle Corporate Finance

Many organisations promote their best operatives and expect them to be good leaders. Some are; but many simply don’t know how to lead. In these cases, the company has just lost a good operative and gained a bad leader. Double whammy! Perhaps the answer is to train new leaders in ‘leadership’. Well, there’s nothing wrong with increasing awareness and discovering tools and techniques.

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Waste Expo 2021: Spotlights & Exhibitors

Commercial Credit Group

WasteExpo is getting back to business this year - the live, in-person conference is scheduled for June 28th - 30th in Las Vegas. WasteExpo is the leading event in North America for waste, recycling and organics professionals from the private and public sector.

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WHITE PAPER - Advent of the digital treasury

Simply Treasury

Download the White Paper here

Treasury 130
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CFOs: Do you have these security misperceptions? (Part 1 of 2)

Future CFO

There are top 10 security misperceptions, said Sophos. According to the firm, those misperceptions were encountered by its rapid response team in the past months when neutralising and investigating cyberattacks in a wide range of organisations. . Half of the misperceptions are as follows. We'll continue with the other half tomorrow. It’s time to debunk these security myths and save your company from not only financial loss but also reputation damage.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Manolete appoints new chairman

Accountancy Today

Manolete, an insolvency litigation financing company, has announced the appointment of Lord Howard Leigh of Hurley as senior independent director and chairman designate succeeding Peter Bertram who will retire. Leigh is a qualified chartered accountant, he set up Cavendish Corporate Finance LLP in 1988 and still remains a senior partner. In 2000, he was appointed as the chairman of the faculty of corporate finance of the Institute of Chartered Accountants in England and Wales (ICAEW).

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HR’s traditional approach to workforce planning is no longer current

Anaplan

Businesses are preparing for a post-pandemic boom. They cannot afford HR to be reactive and disconnected as they plan the workforces they’ll need.

Planning 114
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What are the Red Flags of Fraud?

CFO Share

Do you stay awake at night wondering why your business is running out of cash? Have you grown your sales only to see your costs rise equally? Is your bookkeeper so busy they can barely keep up? There are many symptoms of fraud which can be easily confused with general business challenges like poor cost management. Can you tell the difference? Keep in mind neither financial statement audits nor tax accounting are not designed to detect all forms of embezzlement.

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Strategic Planning Components for CFOs to Keep Top-of-Mind

Planful

Over the years, the chief financial officer’s (CFO) role has evolved from gatekeeper to trusted advisor and business partner. But not every CFO thrives in the strategic planning side of their role. KPMG found that “30% of CEOs say their CFOs don’t understand and assist with the challenges that they face within the organization.” A […].

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Customer Impact Guides the Digital Transformation Journey

CFO Leadership

Customer Impact Guides the Digital Transformation Journey. Amidst a rapidly changing global economy, Tina Wang, Vice President of Product Marketing at Sage Intacct, offers insights on how to elevate the work of your finance team and harness the opportunities digital transformation brings. Sage Intacct was a platinum partner of the CFO Leadership Council’s recent 11th annual conference, A New Hope. .

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CFO investment: More to raise their budgets for digital capabilities in FY21

Future CFO

A Gartner survey on CFO investment indicates that 82% of respondents plan to increase their budgets for digital capabilities in in FY 2021 compared to FY20. In addition, 70% of respondents intend to increase spend in information technology in this fiscal year, Gartner noted, adding that the survey of 115 CFOs was conducted between July – December 2020.

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BHP Corporate Finance reveals two new promotions

Accountancy Today

BHP Corporate Finance has announced the promotions of Will Holmes and Juel Chowdhury to director and manager respectively. Holmes joined the firm in 2015, having worked his way quickly through the various levels. In his new role, he will lead transactions and provide proactive deal advice to clients. The promotion will now mean that the 20 strong team of advisers at the firm will consist of 12 senior personnel made up of six partners and six directors.

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Four pillars of a best-in-class B2B sales operation

Anaplan

Well-run sales operations enable the B2B sales organization to fulfill its mission: bringing home revenue. That means positioning sales within an overall revenue engine.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Get 130% capital allowance on your TMS projects

PWC UK

by Thomas Knudsen Senior Manager. Email +44 (0)7595 850102. More articles by Thomas. In the UK, a range of generous tax incentives have been introduced in the 2021 Spring Budget to help drive innovation and stimulate investment. One of the key measures announced was the introduction of the ‘super-deduction’ for capital expenditure which will be available through the capital allowances regime.

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Being Planful: Helpful FP&A Resources

Planful

More CFOs are looking beyond vaccines and lockdowns in an attempt to model and forecast our fast-changing business environment. But it’s not going to be a return to the good old days of 2019. Cyber currency, healthcare, social responsibility, digital transformation, and other non-traditional Finance concerns are poised to consume much more FP&A bandwidth than […].

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Regent Assay advises Vantage Health, a UK provider of AI digital solutions to the healthcare industry, on its acquisition by Northgate Public Services “nps”

Regent Assay

Regent Assay is pleased to announce that it has acted as the exclusive financial advisor to Vantage Health on its sale to Northgate Public Services. Vantage Health is a UK based business which has developed Rego, an AI-powered solution that transforms the referral process, helping operationalise care pathways, reduce waiting times and improve patient outcomes.

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Combining RPA & AI for business success

Future CFO

AI can be scary Alan Turing. Stephen Hawking. Bill Gates. Elon Musk. All these great minds of the computing world warned against the dangers of Artificial Intelligence (AI), and they have a point. The implications of any new technology need to be considered carefully — especially ones that, according to Stephen Hawking, could make humanity extinct.¹.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.